Africa’s copperbelt experiment grows as DR Congo miner boosts US supply deal.
The revised volume is around five times higher than previously disclosed, underscoring the rapid scale-up of a vehicle central to Washington’s broader […]
World shares gain, oil prices capped on hopes for US-Iran peace talks.
World shares gained on Wednesday, edging towards record highs after President Donald Trump said talks with Iran could resume over the next […]
World’s Top Oil Companies To Rake In Extra $234 Billion In War Profits.
An analysis by The Guardian has revealed that the world’s largest Oil & Gas companies, as well as major oil producers such as Saudi […]
U.S. Eases Sanctions on Venezuela’s Central Bank, Allows Financial Transactions for First Time Since 2019.
The United States has taken a significant step toward easing financial restrictions on Venezuela by authorizing transactions with the country’s central bank and three other state-run […]
South Korea Locks In 273 Million Barrels of Crude That Won’t Touch Hormuz.
South Korea has secured 273 million barrels of Middle Eastern and Kazakh crude that will not need to transit the Strait of […]
China uses Africa to expand rare earth dominance as US seeks upper hand over key shipping routes, including Strait of Hormuz.
The United States has moved to strengthen its influence over key routes such as the Panama Canal and the Strait of Hormuz, […]
ANZ Raises Brent Forecast to $90 as Hormuz Blockade Removes 10 Million Bpd.
Brent crude prices will remain above $90 per barrel through the end of this year as the war continues to cut off […]
$1 billion exit: Shell to hand 10% of South African fuel market to UAE’s state oil company.
The deal, valued at approximately $1 billion, marks the end of an era for Shell, which has maintained a presence in the country […]
TotalEnergies Strikes Oil and Gas at Congo’s Moho License.
TotalEnergies has found oil and gas on a license which it has been developing offshore the Republic of Congo, the French supermajor said on […]
How the Iran War Is Disrupting Gulf Economies: 5 Key Effects.
On Wednesday, the United States and Iran agreed to a two-week ceasefire, pausing the 42-day military campaign by the U.S. and Israel […]
Oil price dips below $100 a barrel after Trump claims Iran wants deal.
Oil prices have fallen back after briefly rising to above $100 a barrel as Donald Trump claimed Iran had made contact and […]
Dollar gains as U.S. blockades Iran ports after failure of peace talks.
The dollar climbed on Monday after peace talks between the U.S. and Iran broke down and as the U.S. Navy began to blockade Iranian ports, while the Hungarian forint rallied […]